Lukoil: All accusations are absolutely groundless. We will not leave from Romania
Officials from Moscow of Lukoil oil group reject accusations by Romanian prosecutors on money laundering, tax evasion and Petrotel-Lukoil de-capitalization.…
OPEC sees a more balanced oil market in 2016
The world oil market should be more balanced next year as China and the developing world use more oil, while…
Balkanmine 2015: The sixth Balkan mining congress
The International BALKANMINE Congress Coordination Committee and the Romanian Organizing Committee of the 6th BALKAN MINING CONGRESS, are very pleased…
Receiver: A Chinese company shows interest in Oltchim
Representatives of a Chinese petrochemical company will have a meeting this week with the receivers of Oltchim, interested in buying…
Gazprom annuls Saipem deal for Turkish Stream construction
The energy group Gazprom announced that it has canceled a contract with Italian contractor Saipem to build the first section…
RME: Gas market liquidity can increase by using the STEGN platform
The Romanian Commodities Exchange (BRM) announces that, despite the complaint of the gas market players on short-term liquidity, the STEGN…
Seizure on Lukoil Europe Holdings BV accounts for a 2 billion euros prejudice
Update: Lukoil denies the allegations of money laundering and tax evasion and intends to appeal against the provision Prosecutor of…
Daradics, MOL: It is difficult to estimate Grexit effects
The increase in sales volumes in the first quarter seems to indicate a recovery of the economy, but it is…
Daniel Apostol, appointed as Secretary General of ROPEPCA oil association
Daniel Apostol was named as Secretary General of Romanian Petroleum Exploration and Production Companies Association (ROPEPCA). Moreover, the association’s website…
Daniel Apostol: Investments will not continue without an attractive regulatory and fiscal framework
This is the transcript of the message delivered by Daniel Apostol, General Secretary of ROPEPCA oil association, during the Energy…
Gazprom delays Turkish Stream works
Gazprom has told pipeline makers to suspend deliveries of pipes for expanding Russia’s network to be connected to the proposed…
Mihail Mitroi: Gas storage should be the emergency plan of this energy strategy
This is the transcript of the message delivered by Mihail Mitroi, Vicepresident at Prospecțiuni S.A., during the Energy Strategy Summit,…
KMG invests another 18 million dollars into Rompetrol chain
KMG International will invest through Rompetrol Downstream about 18 million dollars by the end of 2015 into expanding its retail…
Elements of an optimal fiscal regime for Romania’s offshore sector
Policy Paper, June 2015 Context The Energy Policy Group (EPG) organized on 21 May 2015, with the support of the Romanian…